Investment Thesis
SpaceX has fundamentally transformed the economics of space access—and is now building the infrastructure for humanity's multi-planetary future.
Under Elon Musk's leadership, SpaceX achieved what legacy aerospace deemed impossible: reusable rockets that have reduced launch costs by over 90%. This isn't incremental improvement; it's a paradigm shift that has made space economically accessible for the first time in history.
Starlink, the company's satellite internet constellation, has already achieved profitability with 4M+ subscribers and is on track to generate $6B+ in annual revenue. This business alone could justify SpaceX's $350B+ valuation—while Starship development continues to unlock humanity's path to Mars.
SpaceX represents a generational investment opportunity. The company dominates global launch market share, has created an entirely new telecommunications market with Starlink, and is the only credible path to Mars colonization. There is no second place in space.
Arrow Fund is proud to provide our investors access to one of the most transformative companies of the century.